Smith company gives the following information on the financial statements: net income $50,000 preferred dividends 8,000 average common stockholder’s equity 180,000 average number of common shares outstanding 250,000 shares market price $2 per share what is the rate of return on common stockholder’s equity (to nearest percent)?

The rate of return on common stockholder’s equity is 23%.

Explanation:

Given that,

Net Income = $50,000

Preferred Dividends = 8,000

Average Common Stockholder’s Equity = 180,000

Average number of Common Shares Outstanding = 250,000 shares

Market Price = $2 per share

Therefore,

Return on equity =

=  

= 23%

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

answer; (a) conduct a worksite inspection;